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Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
The Fed's Forward Guidance on Stocks
The Fed can buy a tremendous amount of stuff, take away the stock. The Treasury can look at that and just issue a whole bunch of more. Even if the Fed is buying a lot, you could have a lot of treasury issuance coming out of the US Treasury. And the Fed, it plays a role, but it's not determinative.
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